Indian Market Outlook: December 31, 2020


NIFTY is likely to open neutral.

It is likely to remain between our short term levels.

NIFTY short term support is between 13700-13750 and resistance is between 14000-14050.

BANKNIFTY short term support is between 30750-30850 and resistance is between 31650-31750.

Can look for Long CALL/Short PUT on drop.


Last Trading Day's Highlights for us:
1. Monthly NIFTY option strategy positional trades: In control
2. Monthly Stock option strategy positional trades: In control
3. Monthly Currency option strategy positional trades: None
4. Weekly BANKNIFTY option strategy positional trades: In control.
5. Weekly NIFTY option strategy positional trades: None






Trade setup:

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